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Saturday, April 20, 2024

David Dayen’s New Book Exposes the Dirty Hands of Wall Street Driving Monopoly Power in U.S.

Courtesy of Pam Martens

MONOPOLIZED Book CoverAs Americans wake up each day to the new dystopian normal and reports of another corporate or Wall Street bailout (no doubt at the urging of the corporate lobbyists that have embedded themselves in the Trump administration), there is widespread agreement that big corporations have too much power and control in America.

America was founded on blowback to the tyrannical restraints on average Americans’ lives by King George III. Now we have multinational corporations pushing us around while bleeding the U.S. Treasury, mushrooming the national debt, and thus creating an even greater dystopian threat to our children’s generation who will inherit that crippling debt pile.

Against this backdrop comes a very welcome new book from David Dayen: Monopolized: Life in the Age of Corporate Power. Dayen is Executive Editor of American Prospect and one of the most admired and prolific financial writers in America.

If you think the book title sounds like a dry treatise on anti-trust law, think again. Dayen has brilliantly humanized this book by allowing the reader to step inside the personal lives of everyday Americans who are attempting to navigate and financially survive the corporatization of their country.

A sampling of a few of the book’s chapter titles offers a window into the author’s use of personal narrative to crystallize for the reader just how far we have devolved from a real democracy:

David Dayen, Author of Monopolized: Life in the Age of Corporate Power

David Dayen, Author of Monopolized: Life in the Age of Corporate Power

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